Globalization: The Communist Manifesto By Karl Marx

Improved Essays
Within about half a century, the economic development of various major regions on this planet have seen tumultuous change not yet seen in the past millenniums, with overall positive result. This of course came from policies after the second World War which include reduction of global trade restrictions, more open international diplomacy, and increased telecommunications; which can be summed up as a process called globalization. By these means, here has also come several externalities which were outlined by Karl Marx, in such a manner that there is allusion to his society in his manifesto. The current trading systems available with Globalization will drive the capitalist system into a more Marxist manner due to more stagnating economies of scale among firms, redevelopment of the utility and production of variable capital, and an increasing co-dependence between the state and industries. As ironic as this sounds, there is significant amount of evidence in modern society of that capitalism can turn into its reciprocal.
Globalization, within the economic value helped stimulate more accessible movement of capital and labor among developed and developing nations in the 20th century after the second World War. Ironically enough, while the many nations that were fighting Communism, actually embraced the echoes that were sounded by Marx (1894), almost a century earlier. As mentioned in the third volume of Capital,
…show more content…
by permitting an expansion of the scale of production (p.

Related Documents

  • Superior Essays

    Many markets were untouchable due to communist regimes where the push to ‘neo-liberalize’ the world was articulated with the language of binary opposites of ‘freedom’ vs. ‘communism’ and ‘free markets’ vs. ‘controlled markets.’ The end of the Cold War allowed for a triumphant neoliberalism where the hegemonic position of the US in the international system from the 1990s on, opened up new opportunities to develop and increase its economic influence. The effort to open up markets and promoting free trade deals became more…

    • 1652 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    In the research, the person found that the 19th century colonialism and contemporary globalization had some similarities in some places. First and foremost, the 19th century colonialism and contemporary globalization’s main goal is finding the market in different countries. In the 19th century, the capitalistic states encouraged the citizen to become as the pioneer to explore the new land and use this way to stouten their own colony which gets much more profit and resources. In the modern era, a large number of companies built the branch office in some place which had rich resources, which helped the company get more profit from these resources. What’s more, both 19th century colonialism and contemporary globalization can promote the development of the economy, because they all sell the product to different places and use the price difference to make the profit, some of them can do the monopolization, which made them have lots of money to get.…

    • 974 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    As a nation we came together and saw that an increase in the population would stimulate wealth and industrial production. The demand for more of our countries resources was overlooked when faced with multiple civilizations migrating from their mother land to America. Exploiting the other countries by enslaving them, infecting them with diseases, and tearing from their traditions, The United States abruptly expanded without knowing the consequences. There are many pros and cons surrounding the United states Imperialism, however the reasons why America Imperialize was to use the markets in order to make trading more efficient, to increase the military strength, and to show cultural…

    • 1968 Words
    • 8 Pages
    Improved Essays
  • Great Essays

    Post Second World War brought dramatic changes in the society including the Western countries the traditional liberals faced with big setback international politics replaces the old super power with new one. US one side emerges as the leader of capitalist world another side Soviet Union emerged as a strong Socialist country and his extended is support to other countries who fighting for the liberation from colonialism. In the shift in politics old liberal economy faced with complete opposition from vast of the masses so governments of the European and America had follow different trajectory so they implemented Keynesian economic model compromise formula between the workers and state, new welfare mechanism was formulated full employment, social protection and government intervention in trade controlled the capital from inside and outside flow. This state intervention economy is contradictory to the old classical economy and intellectual faced with difficulties to protect the liberalism so the call for reinventing the liberalism was necessary, in this historical juncture capitalist economist needed something more than the old classical economy. While classical liberalism is outcome of fighting against the old…

    • 9788 Words
    • 40 Pages
    Great Essays
  • Great Essays

    The major change is observed in the trade policies of developing nations since 1980s, period due to rapid industrialization and increased in multinational corporations’ expansion to developing counties (Croome 1998; Sharma 2002)). Hence, the need of international platform to resolve the trade issues and challenges among diverse nations was resolved in the form of World Trade Organization (WTO), headquartered in Geneva (WTO 2016). Apart from the role played by WTO in mobilizing and harmonizing international trade activities, disputes on policies of WTO always raised in international media. The main argument raised by the correspondents of developing counties is related to the benefits received by developed countries as a result of international trade agreement of…

    • 1498 Words
    • 6 Pages
    Great Essays
  • Great Essays

    His theories were so popular several decades ago because Marx shed some light onto the potential inequalities that certain systems could cause. His theories of infrastructure and superstructure exposed that, in a capitalist society, there is a big issue when it comes to the distribution of wealth. It is quite profound how many of Marx’s predictions have come to be. His theories and arguments can still be used to argue for or against some systems that are in place today. Marx predicted that there would be those who were rich and those who were poor not just in terms of members of a nation but the global community.…

    • 1615 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    With expansion of technology , transportation and communication, this allowed for commercial market goods to also expand. As a result of this change modern capitalism put the bourgeoisie in political and economic power. Many of Marx 's work was to expose capitalism for the danger it does to the economy but more importantly the danger it does to the working…

    • 1068 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    A hundred years ago, Marx and Engel had already know the trend of globalisation(p16,25).Although industrial revolution was the symbol of globalisation, while looking at the timeline on human history, the expansion of capitalist activities have already appeared. From the Age of Discovery to colonisation and industrialisation, it represented that Europeans created global market but also emphasised the importance and power of bourgeoisie in future. It illustrate that there are a closely relationship between globalisation and capitalism. For Marx's prospective, it might not be good news as if the expansion constantly become majority, communism would not succeed because the difficulty in socialist revolution would increase while bourgeois would have more power. Although bourgeois created proletarians (p.42) which actually built up the globalisation, people usually ignore their establishment in…

    • 1096 Words
    • 5 Pages
    Improved Essays
  • Brilliant Essays

    Arguments about comparative advantage and gains from trade are more plausible when real world conditions approximate those of the theoretical models used to justify them, namely, equilibrium at full employment. Yet, it was during the extremely turbulent and depression-like conditions of the mid-to-late 1980s and early 1990s that most of the Latin American countries and transition economies of Central and Eastern Europe initiated their trade liberalization…

    • 3281 Words
    • 14 Pages
    Brilliant Essays
  • Improved Essays

    Industrialisation in Russia during the late 19th century was one of the defining economic changes that the nation underwent. It altered Russian society to a holistic extent, having a multitude of direct and indirect economic, social, and political ramifications. Industrialisation expedited the dawn of economic, structural change, claimed responsibility for renewing Russia as a global and competitive power, and acted as a powerful catalyst for accelerating social evolution. The progression of Russia in the 19th century – in economic, social, and political contexts alike - can be much attributed to the developments facilitated by industrialisation. Industrialisation completely reinvigorated the Russian economy and commercial pursuits in the…

    • 1122 Words
    • 5 Pages
    Improved Essays